Sagicor Financial Corp.

Sagicor Financial Corp.

Sector: Investment Advice Region: Barbados

: | London Stock Exchange: SFI | Barbados Stock Exchange: SFC | Trinidad and Tobago Stock Exchange: SFC

Sagicor Financial Corp. provides life, health and property and casualty insurance services, insurance brokerage, annuities, pension fund management and administration services, investment management services, securities dealing, development banking, commercial banking, loan and lease financing and deposit taking, property management and real estate development. The company was founded in 1840 and is headquartered in Wildey, Barbados.


Dodridge D. Miller, FCCA, MBA, LLM, LLD (Hon), Group President and Chief Executive Officer
Dodridge Miller was appointed Group President and Chief Executive Officer of the Mutual Group of Companies, now Sagicor Group of Companies, on July 1, 2002, having previously held the positions of Treasurer and Vice President, Finance and Investments and Deputy Chief Executive Officer and Chief Operating Officer. Mr. Miller joined the Group in 1989. He was elected Director of The Mutual Group in 2001. He is the Chairman of the Group's main operating subsidiaries, Sagicor Life Inc, Sagicor Life Jamaica Limited, Sagicor USA, and Sagicor at Lloyd's. Mr. Miller is a Fellow of the Association of Chartered Certified Accountants (United Kingdom), and obtained his MBA from the University of Wales and Manchester Business School, United Kingdom. He holds an LLM in Corporate and Commercial Law from the University of the West Indies and in October 2008, he was conferred with an Honorary Doctor of Laws degree by the University of the West Indies. Mr. Miller has more than 20 years' experience in the insurance and financial services industries.
Richard M. Kellman, BSC, FIA, ASA, Group Chief Operating Officer
Richard Kellman was appointed to the post of Group Chief Operating Officer of Sagicor Financial Corporation in November, 2009. He holds a BSc in Statistics from University College, London University, and is a Fellow of the Institute of Actuaries and an Associate of the Society of Actuaries. He has also attended training programmes at Harvard Business School and has completed other financial, investment and management training courses. Mr. Kellman is a financial services professional with wide knowledge regionally in the areas of finance, pensions, insurance and investments. He has business experience at board level, and is a former CEO of a quoted diversified Group with interests in insurance, banking and real estate. He has also held senior actuarial positions and prior to joining Sagicor, Mr. Kellman held the position of Executive Officer of the Caribbean Court of Justice Trust Fund. He is also a Director of Sagicor Financial Corporation, a position he has held since June 2009.
Richard Byles, BSC, MSC, President and Chief Executive Officer, Sagicor Life Jamaica Ltd
Richard Byles was appointed President and CEO of Sagicor Life Jamaica Limited (LOJ), A MEMBER OF THE Sagicor Group, in March 2004. He is Chairman of the Board of PanCaribbean Financial Services, Sagicor Property Services Limited, Sagicor Reinsurance Limited (Cayman), Sagicor Insurance Managers (Cayman) and Desnoes and Geddes. He also serves on the boards of several subsidiary and associated companies as well as Air Jamaica and RBA Limited. He has earned valuable experience and within the financial sector spanning the areas of Life, Health and General Insurance, Asset and Investment Management, Banking, Pension Administration, Property Development and Reinusrance Management. Mr. Byles holds a BSc in Economics from the University of the West Indies and an Ms.c in National Development from the University of Bradford, England.
Anthony Chandler, CGA, MBA, Group Chief Financial Controller, Sagicor Life Inc
Anthony Chandler was appointed Group Chief Financial Controller on July 1, 2013. Prior to this, he served as Executive Vice President and Chief Financial Officer of Sagicor Life Inc from 2011. He joined Sagicor in 1995 as Financial Accountant and was transferred to the Group subsidiary, Island Life Insurance Company Ltd, in 2000. In 2003 he joined the management of Life of Jamaica as Head of its Internal Audit function before returning to Barbados in the position of Vice President, Finance of Sagicor Life Inc later in the same year. In 2006 he was promoted to Vice President and Chief Financial Officer. Mr Chandler is a member of the Certified General Accountants Association of Canada and holds an MBA from the University of Manchester.
DR. M. Patricia Downes-Grant, BA, MA MBA, DBA, President and Chief Executive Officer, Sagicor Life Inc
Dr. Patricia Downes-Grant was appointed President and Chief Executive Officer of Sagicor Life Inc on January 1, 2006, having served as Group Chief Operating Officer, since July 1, 2002. She joined Sagicor in 1991 and held several senior positions, including those of Vice President, (Investments), and Treasurer and Executive Vice President (Finance and Investments) before being appointed Chief Executive Officer. She holds an MBA in Finance, an MA in Economics, and a Doctorate in Business Administration (Finance). Prior to joining Sagicor, Dr. Patricia-Downes-Grant was a Senior Manager in the Management, Consulting and Insolvency Division of Coopers & Lybrand (now PricewaterhouseCoopers). Dr. Downes-Grant has also had significant work experience in development banking. She is a former Chairman of the Barbados Stock Exchange and Barbados Central Securities Depository and a Director of several companies within the Sagicor Group and within the private sector of Barbados.
J. Andrew Gallagher, FSA, FCIA, Chief Risk Officer
Andrew Gallagher was appointed to the position of Chief Risk Officer for the Group in 2007. He joined Sagicor in August 1997, and previously held the position of Resident Actuary. He holds a Bachelor of Mathematics degree from the University of Waterloo, and is both a Fellow of Canadian Institute of Actuaries and a Fellow of the Society of Actuaries. Prior to joining Sagicor, Mr. Gallagher worked with Eckler Partners in Toronto in their financial institutions practice. He has over 20 years of experience in the industry.
Maxine Maclure, BSC, MED, MBA, Executive VP, Corporate Services, Chief Compliance Officer
Maxine MacLure was appointed Executive Vice President, Corporate Services for Sagicor Financial Corporation in February 2007. She is responsible for acquisitions in the US, Group-wide Compliance and Regulatory Liaison. Prior to this position she served as President and CEO, Sagicor USA where in September 2005, she successfully completed the Group's acquisition of its first US life insurance subsidiary, Sagicor Life Insurance Company (formerly American Founders Life) and oversaw its integration into the Sagicor Group. Ms. MacLure joined Sagicor in December 2001 as president and CEO of Life of Jamaica (LOJ). She effectively managed that company through its merger with Island Life Insurance Company. Prior to joining the Sagicor Group, Ms. MacLure was General Manager of Insurance for the Jamaican Government, and led a two-year joint insurance reform project sponsored by the Inter-American Development Bank and the Jamaican Government, where she participated in the resolution of the financial sector crisis. She also spent seven years as a Senior Government Financial Sector Regulator in Canada. Ms. MacLure has an MBA from the Richard Ivey School of Business at the University of Western Ontario, Canada, a Masters degree in Education from Western Washington University in the United States, and a BSc from the University of Manitoba, Canada, with a major in Mathematics.
Ravi Rambarran, BSC, MSC, FIA, President and Chief Executive Officer, Sagicor International
Ravi Rambarran joined Sagicor in 2006, and he is President and Chief Executive Officer of Sagicor International. His work experience includes Pensions Actuary of Life of Jamaica (LOJ), Appointed Actuary of Global Life Bahamas and Global Life Cayman, Chief Financial Y Investment Officer of LOJ, Managing Director of NCB Capital Markets and West Indian Trust Company, part-time Lecturer in Actuarial Science at the University of the West Indies and running his own actuarial practice. Prior to joining LOJ, Mr. Rambarran was a Consulting Actuary with Aon Group and the HSBC Group in the United Kingdom. Mr. Rambarran has a BSc(Hons) in Actuarial Science from City University, London, and an Ms.c in Finance from the University of London. Mr. Rambarran was awarded an Open Mathematics Scholarship by the Government of Trinidad and Tobago, and is also a Fellow of the Institute of Actuaries.

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